Post Office Savings Bank (Current Accounts) Rules
Table of Contents
PRELIMINARY
1 Citations
2 Definitions
TYPES OF ACCOUNTS
3 Personal accounts
4 Joint accounts
5 Public accounts
6 Conjoint accounts
7 Opening of an account
7A Linkage to ATM and POSBline services
8 Cheque book
9 Issue of cheques on account
10 Conditions for honouring cheques
11 Operation of account under authority as agent
12 Operation of account under power of attorney
DEPOSITS
13 No limit to amount of deposit
14 Discretion to accept deposits
15 Cheques, money orders, etc.
16 Deposits of gift vouchers
17 Return of dishonoured cheques
18 Liability of Bank
19 Payment to Bank upon demand
20 Set off
21 Marked cheques
22 Statement of account
23 Correspondence with account-holders
24 Closure of current account
25 Service charges, etc.
WITHDRAWALS
26 Limits to withdrawals
27 Withdrawal from joint accounts
28 Disputes involving joint accounts
29 Withdrawals only by committee on behalf or a person of unsound mind
30 Withdrawals include transfers
PAYMENT FROM ACCOUNT OF DECEASED ACCOUNT-HOLDER
31 Payment of deposits to personal representatives of a deceased account-holder
32 Withdrawals for payment of estate duty
33 Payment of deposits of up to $10,000 to persons other than personal representatives of a deceased account-holder
34 Payment to Public Trustee
35 Proof of death of account-holder
35A Power of Bank to exempt account-holder from certain rules
MISCELLANEOUS
36 Rules available for inspection
37 Existing accounts
Legislative History